Filing Flows › Paymentus Holdings (PAY) › Q2 2026 › vs Q1 2026
Paymentus Holdings (PAY) Q2 2026 vs Q1 2026 (quarter over quarter)
Paymentus Holdings's revenue rose $2.3M (+0.6%) from $358M in Q1 2026 to $361M in Q2 2026. The biggest changes: Payment Transaction Processing Revenue +$2.1M (+0.6%); Other +$149K (+5%). Gross margin 26.1% against 24.1% (+2.1 pts).
Paymentus Holdings, Q2 2026: revenue $361M (+29% year over year), operating margin 9.0%, net earnings $25.6M, operating cash flow $48.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 26.1% | 24.1% | +2.1 pts |
| Operating margin | 9.0% | 7.4% | +1.6 pts |
| Net margin | 7.1% | 5.8% | +1.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Payment Transaction Processing Revenue | $358M | $356M | $2.1M | +0.6% |
| Other | $2.9M | $2.8M | $149K | +5% |
| Revenue | $361M | $358M | $2.3M | +0.6% |
| Gross profit | $94.3M | $86.2M | $8.1M | +9% |
| Cost of revenue | $266M | $272M | −$5.8M | -2% |
| Other income, net | $3.0M | $2.5M | $498K | +20% |
| Operating profit | $32.6M | $26.6M | $6.1M | +23% |
| Operating expenses | $61.7M | $59.7M | $2.0M | +3% |
| Pre-tax earnings | $35.7M | $29.1M | $6.6M | +23% |
| Research & development | $15.3M | $16.3M | −$1.0M | -6% |
| Sales & marketing | $33.0M | $30.2M | $2.8M | +9% |
| General & admin | $13.3M | $13.1M | $189K | +1% |
| Net earnings | $25.6M | $20.9M | $4.7M | +22% |
| Income tax | $10.1M | $8.2M | $1.9M | +23% |
| Depreciation & amortization | $9.4M | $9.9M | −$465K | -5% |
| Share-based compensation | $6.5M | $5.7M | $772K | +14% |
| Working capital & other | $7.4M | −$6.0M | $13.4M | — |
| Operating cash flow | $48.9M | $30.5M | $18.4M | +60% |
Questions
How much did Paymentus Holdings's revenue grow quarter over quarter in Q2 2026?
Paymentus Holdings's revenue rose $2.3M (+0.6%) from $358M in Q1 2026 to $361M in Q2 2026.
What drove Paymentus Holdings's revenue change in Q2 2026?
Payment Transaction Processing Revenue +$2.1M (+0.6%); Other +$149K (+5%).